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Call us at (808) 427-0611

We frequently partner with Real Estate Agents to benefit you and your clients. We will take care of your clients’ properties until you sell their home(s). Learn how we work with Real Estate Agents or contact us.
Call us at (808) 427-0611

Honolulu Rental Market Data for Second Quarter 2015

November 19, 2015

Rental market data for Q2 2015 for the City and County of Honolulu shows that the residential rental market continues to remain strong. While vacancy rates were up 25% from 6% in Q2 2014 to 7.5% in Q2 2015, average days on the market were also down by 26% from 79 days to 58. The average cap rate was up slightly from 5.08% to 5.35% a 5% increase, and property appreciation continued to climb 2% from 5.35% to 5.47%.

The following table summarizes the change from Q2 2014 to Q2 2015:

Q2 2015

Q2 2014

Change:

Vacancy Rate:

7.5%

6%

Up 25%

Cap Rate:

5.35%

5.08%

Up 5%

Property Appreciation:

5.47%

5.35%

Up 2%

Days on Market:

58

79

Down

Real estate investors and property owners wanting renting out their properties should contact Real Property Management Alliance’s team of experts at (808) 445-9500.

Have a question you can’t find the answer to on our website?
Call us at (808) 427-0611

We frequently partner with Real Estate Agents to benefit you and your clients. We will take care of your clients’ properties until you sell their home(s). Learn how we work with Real Estate Agents or contact us.
Call us at (808) 427-0611